Gained 123 points, an alltime high, the s p climbs and the nasdaq climbs 1. 10 remind us why we stay in stocks for the long time. Every day were bombarded by negativity on a daily basis. This market has no real champions, despite its record shattering performance i know its hard to stick wit. Too many people come on to try to scare you just when you think the stocks have to go down for the count because of the alleged transgressions say of the sons of the father or at least Donald Trumps son, or janet yellen may say the wrong thin or because north korean missiles are pointed towards the aleutians, we get a day like today, where hopefully you can remember that sometimes things can work out for the bulls. What triggers this rally there are a variety of factors we had yellin telling you a good story of growth. We had a big dip in Interest Rates which reminds us there are higher yielding stocks that arent worth throwing away we had rumors that the president s chief economic adviser gary co
Invidia are focused. Our road map begin with stocks having the worst day in months as tensions over north korea rise the president tweeting that military solutions are locked and load. Dispinting earnings despite the fact that it added 7 million daily users in the quarter well dig through the report plus awkward moments on the Conference Call. Shares of jcpenney said to open at a record low well take a look at the future of that company and of course retail at large. Straight to the markets coming off the worst day for the dowt s p, the nasdaq since may 17th the rising tension between the United States and north korea although being balanced out today by this inflation data that we got in the earnings. Everyone looking for whether yesterday was going to be a one day jolt or not. Seemed like a different tone maybe a change in character for the market you didnt have a late day rally. Closed on the loes of the day. Sort of more sensitivity for the north korea headlines than had been befor
Wait. The pressing issue today for tens of millions of americans as hurricane rv. Its not the wind that is struggling, its the rain. Over texas and louisiana dumping 20 inches or more. Serious flooding predict it. Theres one winner winner. 759 million. The Winning Ticket bought in massachusetts. If he or she takes a lumpsum payment, it will be around 450 million. Then, it will be taxed by massachusetts. The actual payout, 250 million. The feds and everybody else get the half a million. What a deal. Varney company is about to begin. Stuart i thought i recognize that. Varney company in the background. Thats pretty cool. Congress comes back in september with the scant 12 days to get a budget and a debt ceiling done. With that as the backdrop, where are we going to open this market today . S. Come on the upside. Maybe the two sides are beginning to get together. Well be up 60 points in the opening bell. Weve got a date, september 12th. Apple inching up in the head of that revelation. Senio
Welcome to what will be a pretty intense show as we gear up toward that inauguration in about nine days from now. We have a new report from the World Economic forum on global risk. They talk about unemployment as one of the big risks. Inequality and increasing polarization. What they mean is the polarization of politics within various countries. Weve seen it with brexit, with trump, but also polarization in terms of various countries around the world. They talk about environmental risk. Not also talk about Society Keeping pace with technological change. We will speak to the chief author of the report a little as wen in surveillance also geared towards davos, which starts next tuesday. First things first. We will check in on the markets. This is european equities. I would suggest that most of the moves and the most important moves are going on elsewhere. It is currencies, but also the emerging markets. This is a picture we are seeing for the turkish lira, hitting a dataow ahead of the l
[inaudible conversations] good morning. The committee will come to order. Id like to welcome you all to our second bubble confirmation hearing of this anon girls feet. I would like to start by thanking senator korn and for being here to speak on behalf of our nominee is. Always good to have you. Our fellow committee member, senator mention from West Virginia is prepared to also offer introductory remarks for a nominee. Governor perry, i would like to extend a warm welcome to you and to your family. Know that i appreciate your desire to serve, your willingness to become our next secretary of energy. Ive enjoyed the meeting that we had together, learning more about your leadership as governor of the state of texas, including your accomplishments in the area of energy and environment. Im going to withhold this morning and a reference to text size versus alaska size. Weve had that discussion. But in all seriousness, we know that you are seeking to leave the department of energy at an inter